South Korea's President led an AI summit in San Francisco on Friday, and the venue became an epicenter of deal-making, with at least $750 billion worth of long-term agreements (LTAs) and MOUs inked within the span of just a few hours, and was followed by a 'family dinner' attended by representatives from NVIDIA, Broadcom, Microsoft, Samsung, SK hynix, Hyundai Motor and Naver. Samsung, SK hynix, and NVIDIA secured $750 billion worth of agreements at San Francisco's AI summit Under the terms of this agreement, NVIDIA will get a "co-develop opportunity" on SK hynix's next-gen HBM, helping it secure a stable […]

Read full article at https://wccftech.com/nvidia-inked-a-500-billion-agreement-with-sk-hynix-and-then-jensen-huang-asked-for-one-more-beer/

The invisible force behind all of this is no mystery to anyone paying attention to the city's tech economy. San Francisco is home to some of the most valuable private companies in the world, and their employees have been quietly accumulating — and, increasingly, cashing out — fortunes.

The portfolio he has assembled since 2019 is dotted with technologies that have become more widely interesting to VCs over the last year.

Surprise! StrictlyVC San Francisco, which will kick off this year’s events lineup for TechCrunch on April 30 at the Sentro Filipino Cultural Center, is getting a new addition to its increasingly stacked lineup of speakers. Uber CTO Praveen Neppalli Naga will join the rest of the lineup to discuss operating at scale in the age of AI.

StrictlyVC San Francisco is in just a week. Now’s the time to grab yourself a ticket. Join VCs and founders at Sentro Filipino Cultural Center on April 30.